Job Summary :
The Sourcing specialist is responsible for analyzing procurement data, evaluating supplier performance, and supporting strategic sourcing initiatives. This role helps optimize purchasing decisions, reduce costs, and improve supply chain efficiency by leveraging data-driven insights and market intelligence.
Key Responsibilities
Data Analysis & Reporting
Analyze procurement data to identify trends, cost-saving opportunities, and process improvements.
Develop dashboards and reports to monitor procurement KPIs and supplier performance.
Supplier Evaluation & Management
Assess supplier capabilities, pricing, and compliance with contractual terms.
Support vendor selection and onboarding processes.
Strategic Sourcing and Project Planning
Create a sourcing project within the ERP
Conduct negotiations
Stakeholder management
Risk analysis
Market analysis
Spend analysis
Also needed : -
Bid evaluation
Saves reporting on Power BI
Contracts negotiation
Process Optimization
Identify inefficiencies in procurement workflows and recommend improvements.
Support automation and digitization initiatives in procurement operations.
Compliance & Risk Management
Ensure procurement activities comply with internal policies and regulatory requirements.
Monitor contract terms and flag potential risks or deviations.
Qualifications
Bachelor’s degree in Supply Chain Management, Business, Finance, or related field.
8–12 years of experience in procurement, sourcing, or supply chain analytics.
Strong Sourcing background with analytical skills and proficiency in Excel, Power BI, or similar tools.
Familiarity with ERP systems (e.g., Ariba, SAP, Oracle, Coupa).
Excellent communication and stakeholder management skills.
Preferred Skills
Knowledge of procurement regulations and contract management.
Certification in procurement (e.g., CPSM, CIPS) is a plus.
Sourcing Specialist • Chennai, Tamil Nadu, India